Senior Policy Manager - Business Loan & LAP - Bank

Job Title : Senior Policy Manager - BL & LAP

Department/Function : Risk

Location - BKC Mumbai

Job Purpose :

The role holder has the responsibility of managing, assessing and monitoring the policy norms., It entails the responsibility of defining the risk appetite and broad level policies for the assigned products, facilitating technological requirements and ensuring adherence to the statutory guidelines contributing to the larger objectives of the bank.

Roles & Responsibilities:

- Facilitate regular asset quality reviews with provision of analytics insights to identify risks/ opportunities and recommend relevant actions

- Ensure program risk acceptance criteria are reviewed regularly, with timely updates for proactive adaptation to changes in legal /regulatory requirements, business strategies, market environment or portfolio performance

- Assist in building strong controls to mitigate risks across all spectrums (Onboarding, Credit, Operations, Fraud, Reputation)

- Foresee portfolio direction, loss estimates and how to control the same

- Monitor portfolio delinquencies at a micro level - identification of segments, locations and profiles which are delinquent

- Ability to shape the risk appetite of the product in line with growth objectives and Risk Appetite framework of the bank alongside risk-based pricing

- Facilitate implementation of technological interventions like scorecards, digital journeys and automation to the streamline processes

- Recommend improvements to processes and policies across the Retail Banking business to drive operational efficiencies and high-quality customer service

- Leverage in-house synergies through collaboration with internal stakeholders